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Ryuu96 on 19 April 2023
- April 18th 2023: second extension of the original outside date. If MS quits by that date they have to pay a termination fee of $2,500,000,000; if they don't, the outside date gets extended until July 18th 2023.
- July 18th 2023: The end of the second extension and final outside date in the merger agreement. If MS quits by that date they have to pay a termination fee of $3,000,000,000; if they don't, they'll have to renegotiate the outside date with ABK.
They've also hit the final payment threshold and are now on the hook for $3bn if the deal fails.
Microsoft would have received CMA's final report before April 18th.
